https://www.tradingview.com/x/84jlnAVN/
All reluctance to change comes from fear of the unknown. Many times, we can't do something, not because we can't do it, but because we don't dare. If you don't have the courage to face the strange world, don't complain that you can't find opportunities. Let go of the burden in your heart, everyone can be excellent!
Gold, yesterday's US market was directly pulled up by the news, and it started to fall after reaching a high of around 3319. It continued to fall during the day and fell sharply after opening. The current low reached around 3221, and the decline was nearly 100 points. The daily line closed in the form of a medium-yin line, and continued to be suppressed by the short-term moving average.
Today's sharp decline also directly broke through the previous bottom position of around 3265. This position is likely to form a top-bottom conversion pattern in the short term, and the key support below will likely be maintained at the 3200 line. Since this week is a non-agricultural week, the rapid decline in the morning is also beyond our expectations.
Today's retracement and breakout also gave the market new expectations for the shorts. Therefore, the European session needs certain support for the shorts, and the key pressure above is maintained near 3265. This position is also an ideal point for continuing to arrange shorts in the short term. Once it breaks through again, the energy of the shorts may be exhausted in advance. Therefore, our overall thinking during the day is still around the shorts, but we need to wait patiently for it to rebound and continue to arrange. If gold rebounds near 3260-62 during the day, short it, the target is around 3230-10, and the loss is 3271. If the European session continues to fall and break, try to go long near 3190-88 in the US session, and the loss is 3280.
Today's operation: Gold rebounds near 3260-62 during the day and shorts it, the target is around 3230-10, and the loss is 3270.
Thank you for the support of all traders. If you have any suggestions, please let me know
All reluctance to change comes from fear of the unknown. Many times, we can't do something, not because we can't do it, but because we don't dare. If you don't have the courage to face the strange world, don't complain that you can't find opportunities. Let go of the burden in your heart, everyone can be excellent!
Gold, yesterday's US market was directly pulled up by the news, and it started to fall after reaching a high of around 3319. It continued to fall during the day and fell sharply after opening. The current low reached around 3221, and the decline was nearly 100 points. The daily line closed in the form of a medium-yin line, and continued to be suppressed by the short-term moving average.
Today's sharp decline also directly broke through the previous bottom position of around 3265. This position is likely to form a top-bottom conversion pattern in the short term, and the key support below will likely be maintained at the 3200 line. Since this week is a non-agricultural week, the rapid decline in the morning is also beyond our expectations.
Today's retracement and breakout also gave the market new expectations for the shorts. Therefore, the European session needs certain support for the shorts, and the key pressure above is maintained near 3265. This position is also an ideal point for continuing to arrange shorts in the short term. Once it breaks through again, the energy of the shorts may be exhausted in advance. Therefore, our overall thinking during the day is still around the shorts, but we need to wait patiently for it to rebound and continue to arrange. If gold rebounds near 3260-62 during the day, short it, the target is around 3230-10, and the loss is 3271. If the European session continues to fall and break, try to go long near 3190-88 in the US session, and the loss is 3280.
Today's operation: Gold rebounds near 3260-62 during the day and shorts it, the target is around 3230-10, and the loss is 3270.
Thank you for the support of all traders. If you have any suggestions, please let me know
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Gold is falling, can you see it?Trade closed: target reached
Gold is falling steadily, which fits my analysis perfectly
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Our goal is simple, to provide the most professional guidance for free to help everyone make a profit
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.